3
Bedrooms
Sold for $6,825,000 · Oct 2026
SOLDListed at $7,295,000
Laguna Beach, CA
MLS# NP26201637
Cherie Axelson
Listing Agent
Pacific Sotheby's Int'l Realty
DRE #: 02116436
Brokerage: Pacific Sotheby's Int'l Realty
3
Bedrooms
4
Bathrooms
2,948 sqft
Square Feet
2000
Year Built
7,800 sqft
Lot Size
$2,315
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
PANORAMIC OCEAN VIEWS — Perched on a private ridge in North Laguna, this exceptional coastal residence enjoys a spectacular panorama stretching across the Pacific to Catalina Island, with miles of coastline, sparkling city lights and unforgettable sunsets. Completely rebuilt in 2002 with an open floor plan by architect Scott Laidlaw, the home was thoughtfully designed around its extraordinary setting, with walls of glass connecting the interiors to expansive terraces, ocean views and beautifully landscaped gardens. The highly desirable floor plan places the primary living spaces and primary suite on the entry level. At the heart of the home, the spacious great room features soaring ceilings, two distinct seating areas, a limestone fireplace and dining area—all framed by dramatic floor-to-ceiling views. The chef’s kitchen is equally well appointed with Carrara marble countertops, Sub-Zero refrigerator and wine cooler, Viking range, center island and walk-in pantry. The main-level primary suite is a private retreat with a fireplace, oversized walk-in closet, sweeping ocean views and its own terrace. Also on this level is a den that can easily function as a fourth bedroom. Downstairs, two additional guest bedrooms with en-suite baths open to ocean views and lush gardens, creating a private space for family and guests. Additional details include stained white oak floors and Riviera Bronze doors. This is a rare opportunity to enjoy privacy, distinctive architecture and some of North Laguna’s most captivating views—just minutes from Laguna’s beaches, coves and downtown, with easy access to Crystal Cove, Corona del Mar and Newport Beach.
Listing description from the October 2026 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
2 recorded sales
425 Panorama Drive sold for $6,825,000 in October 2026, 6.4% under its $7,295,000 list price, after 28 days on the market. That works out to $2,315 per square foot on 2,948 square feet. Across 246 closed sales in 92651 over the last 12 months, the median sold price is $3,242,213 and the median is $1,558 per square foot, 33% below this sale's $2,315. 3-bedroom rentals in 92651 currently list at a median of $12,000 a month (67 listings).
| Quarter | Closed sales in 92651 | Median sold price |
|---|---|---|
| Q1 2026 | 16 | $2,637,500 |
| Q2 2026 | 89 | $3,350,000 |
| Q3 2026 | 102 | $3,262,500 |
| Q4 2026 | 39 | $3,295,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Laguna Beach · Homes for sale in 92651
Closed sales reported in 92651, nearest first, last 12 months. All recent sales in Laguna Beach →
425 Panorama Drive
Contact Cherie Axelson
Contact via Nalren messaging
Contact Listing Agent
Pacific Sotheby's Int'l Realty
DRE #02116436
Contact information is not available for this listing.